Officials discuss government bailout negotiations; criticism for bank Web sites; companies prepare "value pitch" campaigns; and more
The $700 billion government bailout has much opposition from voters and taxpayers (and even members of Congress), but the message from the government is that something drastic, and perhaps undesirable, must be done.
The $700 billion government bailout has much opposition from voters and taxpayers (and even members of Congress), but the message from government officials is that something drastic and perhaps undesirable must be done. Bipartisanship and urgency are also key messages coming out of the marathon weekend discussions.
While information about the bailout's progress continues to trickle from Washington, business journalists, usually the expert voices on financial matters, find themselves at a loss as the economic crisis continues along its unique path, reports The New York Times.
Virginia Heffernan criticizes the rosy demeanor of bank Web sites, even as things were obviously worsening at many of the institutions.
More people are going online for political news, BusinessWeek reports, and many are turning to comedians, like Jon Stewart, as well as bloggers and pundits.
Campbell Soup, Kraft, and other food manufacturers prepare campaigns with a “value pitch” in response to the down economy.
Forbes speaks to some of the world's richest about the financial crisis.
Have you registered with us yet?
Register now to enjoy more articles and free email bulletins